Member Info for Retireby40

The AIM is usually capped st 3bn shares and you have to get holders to agree to more. 17bn is ridiculous but consolidation now wouldn’t serve its purpose. We need to get revenue up, show profitability or illustrate we have a sustainable business model without needing confetti to get a move on. That will mean the share price gets a fair whack higher, booking reserves so a further improved balance sheet would improve the share price more and possibly well into the pennies and consolidation would be worthwhile then.

A good day and lost some ground today but not too bad. It’s all about RNSs and hopefully we get a good one this week.

Sorry, I realise that too! Good to see from a Georgia is open for business point of view and having more Western brands over there.

The 60-90 days for Dino was taken from 8th May RNS so the one on 21sy said within 60 days which implies it was from the date of RNS rather than commencement of testing.

*within 60 days of the RNS or when testing started.

It’s not clear whether the next zone would be done within 60 days of the RNS of when testing started.

Although the RBS wasn’t clear I believe the within 60 days was from the day of the RNS rather than from when testing commenced. I could be wrong but as someone on here pointed out it reads that way. Hope we’re wrong though!

Same as to copy and paste but nowt worthwhile!

Think you mean T-39 but an update on the other 2 would be welcome too.

Yep, go over to iii and it’s quite rightly full of posts criticising the new site. It’s poor as feck, not sure who they had working on UX (user experience) but they need retraining.

I expect news on T-39 end of this week or early next. News on ud/2 could be at any point. It was stimulated on 21 April and was still in clean out on 8 May so should have been flowing debris-free has for a few weeks. We could get flow rates at any point or hopefully news the gas assets are being sold or a JV. I’m hoping it’s a cash offer for the gas. First and foremost Hoping the work has proved the gas up.

Odd given the number of buys this hasn’t edged higher.

Hopefully T-45 is still above 200bopd and T-39 at 250+bopd and an RNs this week would be most welcome!

Let’s get to 1p first.

That kinda makes sense and I do hope you’re right! I also hope this is concluded soon and we can have a decent operational update and move nearer to 1p than 0.5p.

Which would suggest there is a long way to go to match $5.7m. Will we get monthly RNSs re YA payment, whether it’s cash or conversion?

Madpunter, the 70,000 cancelled Exxon would be worth some $5.5m. Anyway, whatever is happening I hope they get a wriggle on. I also hope we get an RNS on T-39, ud-2 and what T-45 and Dino-2 are currently producing.

Buy the II bought them at 0.54 so selling them at a large loss seems odd.

What’s the magic number about?

And no tick up. Odd.